For the second week in a row, fixed mortgage rates declined, Freddie Mac reported this morning. The 30-year fixed rate averaged 3.54 percent, down from 3.60 percent last week, while the 15-year fixed rate dropped to 2.81 percent, down from 2.87 a week ago. Read Freddie Mac’s news release.
In other headlines:
Home-Builder Sentiment Rose in June, NAHB Says – Wall Street Journal
Fannie Mae: Almost no lenders plan to ease credit standards – HousingWire
Durbin Announces More Than $4.8 Million for Small Airports in Illinois – RealEstateRama